China Soymeal Weekly: Rally ends as buyers hold back buying (week ended Jul 16, 2018)
China's soymeal market ended its three week rally, which lifted prices by about 8%, and saw prices slide 0.48% on average. Although worries over soaring soy import prices remained, the sharp 20% fall of ABOT soy futures prices, which greatly mitigated the import cost hike, prompted buyers to hold back purchases.










